A Public Good May Be Defined as Any Good or Service

question 28

Multiple Choice

A public good may be defined as any good or service that:

• A) must be provided to citizens who are most able to benefit from it.
• B) must be distributed to all citizens in equal shares.
• C) excludes free riders.
• D) none of these.

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Definitions:

Absolute Option

An absolute option refers to a setting or parameter that maintains a fixed position or value regardless of changes elsewhere.

Relative Option

An option or setting that is determined in relation to another parameter or value.

Percentages

A mathematical concept that represents a part of a whole as a fraction of 100.

Rotation Handle

A graphical control element used in digital imaging software to rotate objects or elements within an image or document.